While the news of yet another major studio cutting hundreds of jobs is news, it is the side stories around it that make all these studio cuts, bankruptcies and failures interesting. I could probably point to any number of sources for those who need proof. Take this article at deadline.com. ...
Posts Tagged ‘MGM’
The Slow Death of the Studios – MGM
October 8th, 2009 by NoName
According to Nikki Finke and her article at Deadline.com - historic film studio MGM is on the verge of collapse. At a recent, apparently day long, series of conference call(s) with stockholders, they were basically begging for money to help avoid bankruptcy. With two 'Hobbit' films and the James Bond series ...
The Slow Death of the Studios – Universal
October 6th, 2009 by NoName
Universal is in serious trouble. They have halted spending for the rest of 2009 for any projects not yet green-lit. SOURCE - Variety. Apparently at a recent Universal Town Meeting, no one was asking the tough questions and the response to a question about production slow-down went like this: Meyer also was asked, ...
